Financial Literacy – Small Business Owners In Today’s Credit Market.

The credit market of today is vastly different than that of the not too distant past – two years ago.

Capital sources for large lenders have dried up resulting in lenders tightening the criteria which they use to determine creditworthiness to their customers.

People and small business owners alike who have consistently had good credit are feeling the effects of the subprime financial meltdown as it becomes increasingly difficult for them to obtain financing in today’s market.